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French President Emmanuel Macron announced on Sunday night that France is set to receive a total investment of 109 billion euros (approximately $112 billion) in artificial intelligence over the coming years.
Speaking in a televised interview on public broadcaster France 2, Macron described the investment as "the equivalent for France of what the United States announced with 'Stargate'."
He noted that the funding will come from the United Arab Emirates, major American and Canadian investment funds, as well as French companies.
Addressing concerns over China's DeepSeek, Macron said that France has no plans to ban it at the moment. "I do not think it's appropriate to ban a technology because of its country of origin," Macron said, adding that France does not share the U.S. approach of restricting technologies based on nationality while accepting others.
Amid rapid global advancements in AI, France is hosting the AI Action Summit in Paris on February 10 and 11. The summit will focus on five major themes: public interest AI, the future of work, innovation and culture, trust in AI and global AI governance.
According to the organizers, this international summit will bring together representatives from nearly 100 countries and over 1,000 private sector and civil society stakeholders. Attendees have been invited based on their commitment to AI development and their willingness to contribute to the global debate on the technology's future.